Shows
ParadigmHTM Podcast201 - Overview of the FDAThe FDA's oversight is crucial as it covers various aspects of the medical device industry, including the path to market, post-market surveillance, device recalls, and key definitions. Medical devices are categorized into Class I, II, and III, with each class subject to different levels of regulation. HTM professionals in healthcare organizations play an essential role in ensuring compliance with FDA guidelines to manage medical devices safely and efficiently, benefiting patient care outcomes.2023-08-2011 min
ParadigmHTM Podcast307 - Return On InvestmentUnderstanding the total cost of ownership is necessary in evaluating technology but the expenses are just one piece of the return on investment equation. You need to look at the revenue and expenses, and be clear on you financial assumptions.2021-02-0809 minParadigmHTM Podcast306 - Total Cost of OwnershipIf you are assessing healthcare technology for purchase or investment you not only have to consider the technical aspects but also the financial aspects of the technology. Total cost of ownership is not just a purchase price. You can't buy a car and never put gas in it. (I know... unless you have an electric vehicle, but don't mess with my metaphor)2021-02-0808 minParadigmHTM Podcast305 - Analyzing Clinical ResearchLearn how to to review clinical research with a critical eye and also find out more about my habit of drinking too much soda.2021-01-2920 minParadigmHTM Podcast304 - Clinical ResearchContinuation of the determination and validating of "real science", we now take a deeper dive into clinical research methodologies.2021-01-2918 minParadigmHTM Podcast303 - Gold Standard ScreeningLast episode we covered gold standard comparisons of measurements devices. Now lets talk about gold standard comparisons of screening devices. We will touch on the ever-confusion terms of sensitivity and specificity through an illustration about... what else... fishing!2021-01-2506 minParadigmHTM Podcast302 - Gold Standard Measurement DevicesTo properly assess clinical technology it is often required to evaluate the technology against a know gold standard. This must be done in a thoughtful and systematic way. This episode touches on gold standard comparisons of measurement devices and briefly introduces concepts in validate you data and draw proper conclusions.2021-01-2509 minParadigmHTM Podcast301 - Real ScienceWhen evaluating or assessing healthcare technology you have to first validate that the science behind the technology is "real". Does it solve a real clinical problem? Is it based on real scientific principles?2021-01-2515 minParadigmHTM Podcast112 - HTM Life Cycle ProcessHaving a comprehensive life cycle plan for your healthcare technology is a good start. But you also need a systematic process to implement that plan and guide your decisions. New investments and growth are important but don't forget about your routine replacements before its too late. You need to have method to this madness we call life cycle planning.2021-01-0808 minParadigmHTM Podcast111 - HTM Life Cycle PlanSupport, maintenance, and utilizations of healthcare technology is only part of the overall HTM financial picture. The overall life cycle plan takes into consideration to ongoing expenses of you technology as well as the potential impact of future capital purchases. We can't just look at individual equipment decisions. We have to look at the full picture as these financial decisions are competing for the same pot of gold.2021-01-0811 minParadigmHTM Podcast110 - Life Cycle StoryStop me if you've heard this one... Three physicians walk into a board room...2021-01-0807 minParadigmHTM Podcast109 - HTM Service Contracts TermsContract terms can get complicated and messy. Many of us have not gone through law school so we rely on those with legal training to ponder the language but we still have a responsibility to understand enough to assure the contract language reflects our intended deliverables and supports our current and future service strategies.2021-01-0721 minParadigmHTM Podcast108 - Introduction to HTM ContractsContracts are governing documents that not only define service strategies, organizational liabilities, response guarantees, but are also the source document for many of the financial and business arrangements in HTM. This episode gets you started and the next episode picks up from there.2021-01-0709 minParadigmHTM Podcast107 - HTM Service ManagementFinancial management for HTM is highly dependent of an understanding of the technical, operational, and regulatory considerations for the medical devices and systems. Therefore, a basic introduction on HTM Service Management options and strategies is essential.2021-01-0710 min
ParadigmHTM Podcast200 - Introduction to HTM Regulatory FrameworkMedical equipment management, whether it is viewed from the perspective of a healthcare delivery organization, medical device manufacturer, or independent service organizations, is grounded in a complex framework of regulations, standards, and best practices. It is important to understand these foundational rules in order to grasp a deep understanding of why the medical device industry operates the way it does.2020-08-2100 minParadigmHTM Podcast106 - HTM BudgetsHealthcare Technology Management budgets have some distinct characteristics however the basic finance, accounting, and budget principles are they same. We will look at the HTM budget from two perspectives. The first is the basic budget outline for an HTM department and the second is the basic budget outline for an HTM services program. You will see later that these have significant overlap and interdependencies, but we will start off simple for the sake of explanation.2020-06-2600 minParadigmHTM Podcast105 - Introduction To BudgetsThe general ledger is the “log book” for all financial transactions in a business. In Healthcare Technology Management (HTM), many of these transactions are a result of purchasing activities associate with the HTM supply chain. The basic financial statements, such as income and cashflow statements, can summarize and describe these transactions in a way that helps the business assess the effectiveness of their strategies and show the status of their accounts. However, the basic financial statements do not detail the business plans, projected performance, or validation of current performance against that plan. That is the purpose of the operational budget.2020-06-1000 minParadigmHTM Podcast104 - HTM Supply ChainA familiarity with basic financial and accounting concepts will help build an understanding of how Healthcare Technology Management (HTM) operations contribute to business decisions or how business decisions drive HTM operations. In order to contribute to the short term or long term financial goals for a healthcare technology business (ie hospital or service provider) it is necessary to link HTM operations to that financial plan through structured documentation and budgets. However, before we discuss budgets we need to review a key concept in the HTM financial ecosystem. This topic is supply chain management (SCM).2020-05-2200 minParadigmHTM Podcast103 - HTM Basic Financial StatementsLet's make lemonade and financial statements! In this episode we will review the primary types of financial statement. These are standard formats for how to represent a summary of accounting information for an organization. Understanding the basic concepts and terminology of these statements will help to deepen your understanding of HTM departments budgets, equipment services budgets, and capital equipment planning.2020-05-1100 minParadigmHTM Podcast102 - HTM Healthcare Finance OverviewThe cost of healthcare is a mystery for two reasons. First, the average consumer does not understand the essential costs of providing care such as clinical cost, facility costs, and ancillary support costs. Second, the methods for pricing, billing, and collecting payments is extraordinarily complex. Understanding both the total cost of care and the reimbursement for that care is important for an HTM professional as these factors can drive each other. In other words, the more it costs to treat patients (including equipment service operations) the more we must charge for the care. And conversely, the less the insurance companies...2020-03-1800 minParadigmHTM Podcast101 - HTM Accounting BasicsWe are beginning our discussion from the very basic fundamentals of finance and accounting related to HTM. In this episode, we will cover some basic accounting practices and terminology that lay the foundation for our journey through HTM financial management. It is important for us to start from the ground up and you will find that you will be able to play the game, without knowledge barriers, and you will ultimately be able to function as part of the greater multidisciplinary team that drives HTM finances.2020-03-1000 minParadigmHTM Podcast001 - An HTM PoemIf you believe for a moment that the technology you support is separate from yourself, you are mistaken.
It is you. Just as your arms, your legs, and your heart are fully you.
It is your eyes watching over someone who deserves the attention, and your eyes looking for things that need to be noticed.
It is your ears listening to a symphony of life, or a desperate cry for help, or a quiet whisper of hope.
It is your hands on someone who is very, very afraid, or is finally relieved of their worries, or so full of joy...2020-03-0500 minParadigmHTM Podcast100 - Introduction to HTM Financial ManagementThis ParadigmHTM Podcast Series covers key apsects of financial management related to healthcare technology. This introduction will provide an overview of why this topic is important and how it applies to the work you do. The subsequent episodes will describe basic accounting and financial concepts, budgeting, life cycle planning, and other topics that tie in to HTM financial management.2020-02-2100 min